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Canadian western Bank shares soar after latest Deal

Early Friday, the bank announced an agreement to acquire GE Capital’s Canadian franchise finance business. GE’s business unit, which has a loan portfolio of about $350 million, provides financing across Canada to a diverse group of established companies in the hospitality and restaurant industries.http://edmontonjournal.com/business/...55357;

Last edited by Glenco; 09-04-2016 at 09:40 PM.

“Canada is the only country in the world that knows how to live without an identity,”-Marshall McLuhan

So are the desperate to diversify outside of western Canada, especially Alberta?

Absolutely, as are any Alberta based companies. More diversification will help Edmonton, and Alberta, in terms of jobs. This would also be a good move for shareholders, as this should help sustain dividend growth.

The world is full of kings and queens, who blind your eyes then steal your dreams.
It's heaven and hell!